Closing Price:
$795,000
$795,000
785 Galileo Road,
Corolla, NC 27927
5 bd
4 ba
2719 sq ft
MLS #: 111245
Status: Closed
Sold Details
Status: Closed
Sold Price: $843,000.00
Closing Date: 11/13/2020
Contract Date: 10/1/2020
Seller Concessions: Yes
Concession Comments: Closing Cost Credit
Total Days on Market:
Cumulative Days on Market: 1
Listing Information
Area: Corolla Oceanside
Mls Status: Closed
Days On Market: 1
Cumulative Days On Market: 1
Listing Price: $795,000
Original Listing Price: $795,000
Possession: Close Of Escrow
Short Sale: No
Price Date: 11/17/2020
Furnishing Available: Yes
Bill Of Sale Amount: Yes
Ownership: Owned More than 12 Months
Listing Type: Exclusive Right To Sell
Building Details
Primary Heated Living Area Sq Ft: 2719
Asking Price Per SqFt: $292.00
Heated Living Area Sq Ft: 2719
BedroomsTotal: 5
Bathrooms Full: 4
Bathrooms Partial: 1
Year Built: 1996
Garage: Carport
Architectural Style: Reverse Floor Plan, Coastal
Sub Type: Single Family Residence
Appliances: Disposal, Dryer, Dishwasher, Microwave, Refrigerator w/Ice Maker, Range/Oven, Washer
Roof: Asphalt
Parking: Underground
Foundation: Piling, Slab
Pool: Yes
Pool Type: Private and Association
Pool Features: Association, Fiberglass, In Ground, Outdoor Pool, Private
Counter Tops: Granite
Cooling: Central Air, Heat Pump
Interior Features: Cathedral Ceiling(s), Cedar Closet(s)
Heating: Central, Heat Pump
Room Type: Game Room
Flooring: Carpet, Tile, Laminate
Construction Materials: Frame, Wood Siding
Legal Description
County: Currituck
Subdivision: BI-Buck Island
Subdivision Name: Buck Island PUD
Deed Book: 629
Deed Book Page Number: 601
County Pin Number: 116B00000510000
Price Change: 11/16/2020
Road Surface: Paved, Private
Association Amenities: Board Walk, Common Area, Gated, Ocean Access, Outdoor-Comm. Pool, Outdoor-Comm. Tennis, Playground
Lot Details
Lot Size Acres: 0.31
Lot Size Dimensions: 80 x 170
Lot Size Square Feet: 13670
Lot Features: Adj. To Common Area, Cul-De-Sac, Level
Lot Faces: W
Waterfront: 2 - lots from oceanfront (3rd row
View: Ocean, Pond
Property Type: Residential
Property Expenses & Utilities
Tax Year: 2020
Annual Property Taxes: $3,567.00
Home Oner Insurance Expense: 2015
Flood Zone: X
Flood Insurance Expense: 783
Wind Insurance: 4193
Water Source: Municipal
Yearly Water Expense: 747
Yearly Expense: Actual
Yearly Elecric Expense: 2590
Contract Status Change Date: 11/17/2020
Estimated Annual Fee Amt: $3,591.00
Sewer: Public Sewer
Septic Fee: 713
Association Fee Includes: Electricity, Common Insurance, Maintenance Grounds, Management, Pool, Road Maintenance, Security, Tennis Courts, Walkways
Association Fee Yes or No: Yes
Financials
Bill Of Sale Amoung: 1
Electroni Locks: Owned
Bank/Institution Owned: No
Exterior: Cement Fiber Board,Shakes,Synth Stucco
Extras: Beach Access,Boardwalk to Beach,Ceiling Fan(s),Curbs,Covered Decks,Fenced Yard,Hot Tub,Jet Tub,Landscaped,Lawn Sprinklers,Outside Shower,Patio,Sun Deck,Inside Laundry Room
Fuel Tanks: Leased
HOA Contact Name: Signature Touch 252-441-8857
Primary Residence: No
Street Frontage : 80
HOA Contact Info: buckislandouterbanks.com
Rental Income
Annual Rental Income: 82685
Rental Performance: 0.0981
Listing Agent Remarks
785 Galileo Rd, Buck Island: a stylish, updated, and well maintained second home, offering significant Ocean Views, Private Pool & Hot Tub, 5 bedrooms plus rec room or 6th bedroom, a mid-level sitting area, tons of covered and uncovered decking, and all just steps from the beautiful beach in the upscale, high quality community of Buck Island. Nicely positioned in a safe X-Flood Zone location, this property uniquely benefits from it's corner location to the North and common area to the East, providing open space, privacy, and multiple ocean view alleys from the abundant decks and the interior. An attractive and functional design, inside and out, offered fully furnished and accessorized with high quality furnishings & decor, and many recent updates. Outside you will find new 2020 attractive and low maintenance landscaping package, and a comfortable pool area design. The large pool area flows conveniently from the decks and from the carport, provides both sun and shaded decking areas, landscape features, new deck furniture, tiled fiberglass pool, and low maintenance vinyl fencing. Dry entry from carport, outside shower, and 2 exterior owners closets. Ground floor: provides den with pull out sofa, foosball, TV viewing, and large full bath (with door and closet can serve as 6th bedroom if desired). Mid Level: formal entry foyer, mid level sitting area with common deck access, 4 comfortably sized bedrooms, and 2 full baths. Expansive covered decking on this level spanning 3 sides of the home, with 2015 quality hot tub, overlooking and with steps to the pool area. Top floor: features open bright great room, with high cathedral ceilings, gas fireplace and modern recessed TV feature, master suite with private deck, half bathroom, large open decking on East and South, comfortable kitchen with Blue Pearl granite counters and custom tile backsplash, and covered front / West deck flowing off of the kitchen for sunset and pond views. Attractive, really high quality furnishings and decor throughout the property, including glass topped furniture, artwork pieces, sumbrella furniture, quality electronics / tv package, and surround sound. Significant and well done recent improvements in 2019 & 2020 include newly tiled ground floor, carpeted stairs, tiled foyer, wood laminate floors in the great room and mid level common areas, interior and interior trim painting, high quality great room and dining window treatments, and new dining table and chairs. This home is crisp and clean! All this within the area's top community of Buck Island; private community with gated entrance, with curbed, sidewalked, & tree lined streets, manicured grounds, amenities include a community pool, tennis, playground, cabana beach bathhouse, a beautiful wide & gradual beach, golf cart friendly, all in walking distance to TimBuck II and Monteray Plaza conveniences. Arrive and leave the car parked! This property conveys with over $6,000 in it's Buck Island paint reserve fund to use by new owner when desired! This home is in unique near beach location, and is ready for immediate use and enjoyment. Act now to secure your unique, special place at the beach! Enjoy personal and family quality time, and/or with all it's features this property can be a lucrative investment rental property if desired. (Rental projection available, indicating $77,071 owners annual rent, $82,685 advertised rent).
Directions
Into the neighborhood and towards the beach, right / South on Galileo, first home on left.Official MLS Disclaimer
The data relating to real estate for sale on this web site comes from the Broker Reciprocity
Program of the Outer Banks Association of REALTORS. This property located at 785 Galileo Road in Corolla is provided
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properties consumers may be interested in purchasing. If this page disappears from this site it
means the property at 785 Galileo Road in Corolla is no longer available for sale. If you are interested in this property
or have any questions about buying or selling real estate on the Outer Banks call Shore Realty. Local
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